3 / 5 Stars
5 5 4 5 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 16 Muni California Intermediate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 5.87 percent over the past year, 4.96 percent over the past three years, 5.26 percent over the past five years, and 4.48 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.4%|
|3 Years (Annualized)||5.0%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||4.5%|
The investment seeks high current income exempt from federal and California personal income tax that is consistent with capital preservation. The fund normally invests at least 80% of its net assets in municipal securities the interest from which is exempt from federal and California personal income tax and federal alternative minimum tax (AMT). It may invest more than 25% of its total assets in municipal securities financing similar projects, such as those relating to education, health care, transportation and utilities and may also invest in municipal notes. The fund may invest up to 15% of its assets in below investment grade bonds.
Fees are Above Average compared to funds in the same category.
Schwab California Long Term Tax Free Bond Fund has an expense ratio of 0.49 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.